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LFC NFT

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Why are people so arsed about them either way? Crypto seems to get so many people wound up. I get bitcoin chewing up all the energy supply in Kazakhstan etc but most nfts are on cardano or this new shit and use hardly any energy. As a useful form of tech it's about the only thing out there with any chance of wrestling some money back from big tech directly to artists.
 
So basically you buy a digital image that you own. But someone else can just do a screenshot and use the same image for free? I'm good.
No. A JPEG is on the internet. An NFT is on the Blockchain. One (NFT) is decentralised and you can prove you own it and the other isn't.

So the original (NFT) is yours and you can prove you own it and sell it to someone if they want it. You'd sell it on Openseas market place for example.
 
How much are they ?
Depends on what you buy, some items are sol in auction.
During the sale, fans will have the opportunity to own a unique randomly generated ‘Hero’ Edition, which will be revealed once the sale comes to an end – like opening a pack of football cards to give fans the same sense of excitement and anticipation. These will be priced at $75, around £56
 
Depends on what you buy, some items are sol in auction.
During the sale, fans will have the opportunity to own a unique randomly generated ‘Hero’ Edition, which will be revealed once the sale comes to an end – like opening a pack of football cards to give fans the same sense of excitement and anticipation. These will be priced at $75, around £56
Maybe there’s money to be made sellin them on I guess
 
Why are people so arsed about them either way? Crypto seems to get so many people wound up. I get bitcoin chewing up all the energy supply in Kazakhstan etc but most nfts are on cardano or this new shit and use hardly any energy. As a useful form of tech it's about the only thing out there with any chance of wrestling some money back from big tech directly to artists.

Not really true about the cardano bit. There are many, many other blockchains out there e.g. Cosmos, Ethereum, Terra, Solana, etc. and most of them have NFTs on them too. NFTs are simply digital assets on a blockchain, which is also erm...digital.

There are mainly two mechanisms for processing and validating transactions and blocks on a blockchain i.e. proof of work (PoW) and proof of stake (PoS). Bitcoin and ETH are a few of the coins that run on PoW, which loses out to PoS type of coins, when it comes to energy efficiency.

Basically there's 3 main things to look at when you want to build on a blockchain - scalability, security and speed.

PoS (non-BTC) = faster speed, lower energy consumption
PoW (BTC, ETH) = better security and decentralisation, higher energy consumption, slower speed

CoinBureau (yes, youtuber) does a fantastic job in explaining everything you need to know bout crypto. And he does it more properly and professionally unlike most of the nutters out there.
 
I wouldn't unless there's value in flipping them, but then again, who would buy such rubbish for big £££ ??

Personally, i'll wait for LFC to officially launch their own (crypto) fan tokens. I think it's only a matter of time that they'll inevitably do, especially if they're dipping their hands into NFTs now.

And if they do launch them, get in early for their IDO/ICO/IEOs. You'd easily make a 10x if you do.*

*This is NOT financial advice. DYOR. 😉
 
Also, with these NFTs, i think the target group are the millennials and gen-Zers. Some people are simply into these sort of things, just like back in 'em days when trading Panini cards seemed cool.
 
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